Pang Kang Net Worth

Pang Kang has an estimated net worth of $8.4 billion, according to Forbes Real-Time Billionaires, Pang Kang profile (figures as of October 20, 2026). That is down from a peak of $26.4 billion.

Pang Kang is a Chinese businessman and the former chairman of Foshan Haitian Flavoring and Food, one of China's biggest makers of soy sauce. He was born in 1956 and stepped down as chairman in September 2024. Forbes describes him as self-made.

He was an executive of the collective Hai Tian Sauce Shop, a business with roots in a soy sauce shop founded in Foshan during the mid-Qing Dynasty. In 1995 he helped turn the collective into a limited company and became a shareholder.

Pang does not have children. His fortune comes almost entirely from his stake in Haitian, which makes his net worth closely tied to the company's share price.

How Pang Kang made his money

Haitian grew from a local sauce maker into a national brand. It now produces more than 1,000 varieties of condiments and sells to over 80 countries and regions. Soy sauce remains its best-known product, and its bottles are a fixture in kitchens across China.

The company went public on the Shanghai Stock Exchange in 2014, which made Pang's stake easy to value. In 2025 it completed a second listing in Hong Kong that raised $1.3 billion.

Pang's path is unusual among Chinese billionaires. He did not found a startup or build a tech company. Instead he helped turn an old collective into a modern listed company and rode the steady growth of China's consumer market.

Haitian's long history gives the brand an unusual advantage. Its products are sold in supermarkets and restaurants across the country, and the company has spent decades building a distribution network that smaller rivals find hard to match. Pang spent most of his working life inside the business before handing over the chairman's seat.

How Forbes has valued Pang Kang

Forbes valued Pang at $8.9 billion in 2019 and $11.5 billion in 2020. His figure then jumped to $26.4 billion in 2021, at the height of a rally in Chinese consumer stocks.

It fell back to $19.6 billion in 2022 and $15.9 billion in 2023, then dropped to $8.5 billion in 2024. It recovered to $9.2 billion in 2025 before easing to $8.5 billion on the 2026 World's Billionaires List. As of October 20, 2026, the Forbes real-time billionaires tracker showed $8.4 billion. His fortune remains among the largest in China's food industry, even well below its 2021 peak.